Climate Firm Taps Into Wildfire Hotspots With Big Expansion

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Aisix Solutions Inc. (AISX:TSX.V; AISXF:OTCQB; QT7: FSE) has formed a new partnership with Carmanah Wildfire, a Canadian firm specializing in wildfire mitigation and emergency response. The collaboration, which began on June 4, 2025, aims to provide comprehensive wildfire risk assessments and mitigation services to both residential and commercial properties across Canada. Initial efforts will target wildfire-prone areas in British Columbia, Alberta, and Ontario.

The agreement brings together AISIX's wildfire risk assessment tools with Carmanah Wildfire's operational expertise. Services offered through the partnership will include site inspections, fuel management strategies, and structural hardening recommendations. "Our collaboration with Carmanah Wildfire will allow us to offer comprehensive, practical wildfire risk services across Canada," said AISIX CEO Mihalis Belantis.

As part of the initiative, Nick Hill, CEO of Carmanah Wildfire, has joined the AISIX Advisory Board. AISIX has issued 500,000 common shares to Mr. Hill at a price of CA$0.05 per share, pending regulatory approval. "This partnership provides an important opportunity to expand our on-the-ground wildfire mitigation work and deliver it to more communities in need," Hill stated.

AISIX also disclosed plans to settle CA$70,919 in outstanding debt through a share issuance. The company intends to issue 1,418,380 common shares at CA$0.05 per share to contractors who have agreed to accept shares in lieu of payment. These contractors are not members of AISIX's board or executive team.

AISIX is a climate risk and data analytics company focused on helping organizations evaluate and reduce the physical risks associated with climate change. Its wildfire models reportedly achieved over 90% accuracy in predicting burn areas during Canada's 2024 Jasper Fire.

Wider Momentum for Enhanced Risk Modeling Tools

Artificial intelligence is gaining momentum globally as a key enabler in climate risk forecasting. A March 15 perspective in Nature Communications described how early-warning systems (EWS) have long played a role in disaster risk reduction, though they often face limitations in forecasting accuracy, communication effectiveness, and local applicability. The authors advocated for enhanced modeling capabilities, noting that "the accuracy and effectiveness of EWSs depend not just on the quality of data gathered from sensors, process understanding, and the ability to predict hazards accurately... but also the speed and effectiveness of communication." They called for broader use of Meteorological and Geospatial foundation models and encouraged a transition to "impact-based forecasts and warnings."

The same article introduced the FATES framework (Fairness, Accountability, Transparency, Ethics, and Sustainability) as a guideline for responsible development of advanced early-warning systems. It emphasized the value of integrating non-traditional data sources, such as socioeconomic indicators, satellite imagery, and social media, to model infrastructure vulnerabilities and decision impacts at local levels.

Elsewhere, Ireland's Environmental Protection Agency released its first National Climate Change Risk Assessment on June 4, outlining 43 key risks requiring urgent intervention. EPA Director General Laura Burke stated, "this comprehensive assessment highlights the need for additional urgent action to ensure Ireland is sustainably resilient to the risks that we currently face." The report underscored how disruptions caused by extreme weather events can have cascading impacts on public health, natural systems, and financial stability.

On June 5, Google Research published findings that echoed these concerns, noting that conventional climate modeling often lacks the resolution required for local decision-making and remains costly to implement. New approaches have been developed to address these issues, aiming to produce more accurate regional forecasts with lower computational requirements. These models are particularly useful for understanding complex hazards such as floods, wildfires, and extreme heat.

Researchers emphasized that capturing localized environmental dynamics is essential for risk planning in sectors such as energy, water, and public safety. They also stressed the need for tools capable of assessing compound climate events - such as simultaneous drought and heat waves - which traditional models may overlook.

Toward Scalable Wildfire Resilience

AISIX Solutions continues to refine its capabilities in climate risk analysis, serving clients across insurance, real estate, consulting, and public sectors. Its platform includes wildfire-focused tools like Wildfire 3.0 Canada and MineSafe Wildfire. According to the company's investor materials, AISIX offers physical climate risk assessments at the asset level, portfolio exposure analysis, and scenario-based modeling.

The new partnership with Carmanah Wildfire enhances AISIX's ability to provide actionable solutions by adding direct field execution to its service offering. With Carmanah's teams deployed on the ground and AISIX's assessment tools guiding prioritization, the collaboration enables a full-spectrum approach to wildfire mitigation - from identifying risk to implementing resilience strategies.

AISIX's ongoing development of its Climate Genius platform and related services reflects a broader effort to meet growing demand for location-specific climate risk disclosures and planning tools. As wildfire events become more frequent and severe, the company is positioning itself to support both government and industry stakeholders in strengthening community resilience and preparedness.

Ownership and Share Structure

As for the ownership of AISIX, according to Refinitiv, two insiders hold 14.25% of the company. They are CEO and Director Belantis with 13.03% and Cofounder and Advisor David Poole with 1.22%. 

Retail investors own the remaining shares as there are no institutional owners. 

In terms of structure, AISIX has 113.62 Million shares outstanding and 80.67 million free-float traded shares. 

The firm's market cap is CA$3.409 million, and it trades in a 52-week range of CA$0.015 and CA$0.07 per share.